Free Zone Business Setup in UAE
Step into the World of Opportunities with a Free Zone Business
Having a plethora of more than 40+ free zones in the UAE, determining the most suitable one for your business can be a crucial decision. Making the right choice among these free zones will undoubtedly pave the way for your business’s success.
SET UP A FREE ZONE COMPANY IN THE UAE
Welcome to Shuraa Business Setup, your gateway to company incorporation in over 80 UAE-free zones! With so many options to choose from, we understand the excitement and challenges you might be facing. But fear not! Our expert team is here to guide you through this thrilling journey, ensuring you find the perfect free zone that aligns with your business needs. We’ve got you covered, from location and pricing to flexible desk options and share capital requirements. Let us take the wheel, save you money, and make the whole process a breeze. Say goodbye to stress and hello to success with Shuraa Business Setup!
Shuraa's Company Setup-Related Services with Utmost Proficiency, Includes:
- Establishing a UAE Freezone Company
- Acquiring a Trade License
- Registering with the Chamber of Commerce
- Facilitating the Bank Account opening process
- Securing Director Visas for both company and family
- Organising office staff and accounting services and fulfilling all other company requirements.
List of Best Free Zones In the UAE
Dubai Airport Free Zone (DAFZA)
Dubai Multi Commodity Centre (DMCC)
Dubai South
Dubai Silicon Oasis
JAFZA
Sharjah Media City (SHAMS)
IFZA Dubai
RAKEZ
Benefits of Establishing a Business in a Free Zone
- Full ownership for foreign investors: no local partner is required
- Financial incentives: 0% income tax, no customs duties, 100% profit repatriation
- Simplified business license process through a free consultation
- The sector-specific focus on access to industry expertise
Important Considerations for Setting Up a Freezone Company in the UAE
Consider the following key points to remember when establishing a Freezone Company in the UAE:
- No Need for Physical Presence: In certain free zones, physical presence during company formation is not mandatory; it is only required during the visa processing stage.
- Limited Direct Interaction with Government Agencies: Freezone companies may need to have ease of direct dealings with Government agencies.
- Exemption from Value-Added Tax (VAT): Businesses operating outside the UAE are exempt from Value Added Tax.
- Corporate Tax Exemption: Freezone companies have to file tax even if they are below the threshold.
- Versatile Business Types: Freezone companies have the flexibility to engage in B2B activities anywhere in the UAE and B2C operations within the free zone and internationally.
Let's make your business dream a reality!
Entity Options for Free Zone Company Formation in the UAE
Establishing a business in the UAE’s free zones is a seamless and straightforward process, thanks to the government’s efforts to attract foreign investors with minimal capital requirements. When setting up a company in the UAE free trade zones, entrepreneurs have the choice of three primary entity types:
- Branch of a foreign or local company
- Free Zone Establishment (FZE) with a single shareholder
- Free Zone Company (FZC) with 2 to 5 shareholders
Variety of Business Licenses Offered in the UAE Free Zones
Obtaining a business license is an essential step in the process of setting up a business in the UAE free zones. Applicants have the option to obtain various types of licenses based on their specific business activities:
General Trading License
Allows investors to engage in the trading of various products
Trading/Commercial License
Grants a time-limited authorisation to conduct industrial, commercial, or consulting activities.
Industrial License
Permits the importation of raw materials, manufacturing of goods, and exportation of finished products across international borders
Service License
Enables operation for law, accounting, and business consultancy firms.
Manufacturing License
Allows applicants to establish and operate manufacturing facilities for the production of goods
Steps to Set Up a Business in the UAE Free Zones
Choose Legal Entity
Decide on the type of entity you want to establish in the free zone, considering the capital requirement for that particular
zone.
Select a Trade Name
Pick your company’s unique and permissible trade name, ensuring it is not already registered.
Apply for a Business License
Submit the required documents and apply for the appropriate business license based on your company’s primary activity.
Secure Office Space
Determine the suitable office space, either through purchasing or leasing, depending on your business’s needs.
Obtain Approvals and Register
Obtain the License
Once the process is completed, you will receive your business license to start your operations within 2-4 weeks.
Required Documents for Setting Up a Business in the UAE
General Documents:
- Passport copies of the partners and business managers
- Passport size photograph
- Trade names
Documents for Branch of Companies:
- Attested copy of the registration certificate, incorporation certificate, and the Memorandum and Articles of Association (MAA)
- Original Board Resolution that guarantees the financial commitment of the branch passport copy of the shareholder
- Passport size photograph
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